Squarepoint Ops LLC Invests $1.44 Million in BrightView Holdings, Inc. (NYSE:BV)

Squarepoint Ops LLC purchased a new stake in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 89,921 shares of the company's stock, valued at approximately $1,438,000. Squarepoint Ops LLC owned about 0.09% of BrightView as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Interval Partners LP bought a new position in BrightView in the 4th quarter worth $10,728,000. Boston Partners increased its position in BrightView by 514.6% in the fourth quarter. Boston Partners now owns 579,159 shares of the company's stock worth $9,260,000 after buying an additional 484,928 shares in the last quarter. Millennium Management LLC raised its stake in shares of BrightView by 96.5% in the fourth quarter. Millennium Management LLC now owns 944,584 shares of the company's stock worth $15,104,000 after buying an additional 463,983 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of BrightView by 12.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,063,472 shares of the company's stock worth $64,976,000 after buying an additional 454,756 shares during the period. Finally, Bessemer Group Inc. lifted its position in shares of BrightView by 25.9% during the 4th quarter. Bessemer Group Inc. now owns 1,908,651 shares of the company's stock valued at $30,520,000 after buying an additional 393,103 shares in the last quarter. Institutional investors own 92.41% of the company's stock.

BrightView Stock Performance

Shares of NYSE:BV traded down $0.13 during mid-day trading on Wednesday, reaching $15.72. 262,266 shares of the company traded hands, compared to its average volume of 575,685. The company's 50 day moving average price is $14.44 and its 200-day moving average price is $14.91. The firm has a market cap of $1.50 billion, a PE ratio of 87.33 and a beta of 1.26. BrightView Holdings, Inc. has a 52 week low of $11.81 and a 52 week high of $18.89. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.43.

BrightView (NYSE:BV - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The business had revenue of $662.60 million during the quarter, compared to analyst estimates of $643.29 million. BrightView had a net margin of 2.64% and a return on equity of 7.86%. The company's revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 earnings per share. On average, equities analysts expect that BrightView Holdings, Inc. will post 0.73 EPS for the current fiscal year.

About BrightView

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.